If You Buy $10,000 Worth of Mastercard Stock in October, Will You Become a Millionaire One Day?

Mastercard (NYSE: MA) is one of the leading payments platforms in the world. It has a duopoly position (outside of China) in the industry with Visa, which is bigger company. Being a smaller business hasn't gotten in the way of Mastercard's ability to reward its shareholders. The company had its initial public offering in May 2006. Since then, it has generated a magnificent total return of 13,690% (as of Oct. 3). Investors that were able to buy $7,300 worth of shares back then would be staring at a $1 million balance in their portfolios today.This financial stock is trading at all-time highs. And the business is massive, sporting a market capitalization of $525 billion. If you buy $10,000 worth of Mastercard shares in October, will you become a millionaire one day? Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool